Precyse Secures Healthcare IT Executive Chris Powell as New President

Wayne, PA and Alpharetta, GA May 10, 2011 — Precyse, a leader in health information management (HIM) services and technologies, announces the appointment of industry veteran Chris Powell as its new President. The newly created position marks a next step in the company’s evolution, as it unveils a new corporate identity and launches a revolutionary Natural Language Comprehension™ (NLC) computer-assisted collaborative workflow platform, precyseCode™, the most advanced health information management platform available today.
View Mr. Powell’s video address on the healthcare environment today and the critical role Precyse plays in simplifying clients’ everyday challenges, maximizing their current IT investments and enhancing their information flow.
Mr. Powell will be responsible for the overall day-to-day operational performance and leadership of Precyse, including implementing strategic operational plans to advance the company’s mission and objectives. He will be responsible for operations, service delivery, sales, marketing, finance and information technology and will be a member of the organization’s Executive Council, along with the Chief Operating Officer, Chief Financial Officer and the President of the Precyse Advanced Technologies division. Reporting to Precyse Chairman, Chief Executive Officer and founder Jeffrey Levitt, Mr. Powell will join efforts with the Executive Council in evolving the company along the path to a sophisticated technology-enhanced services model, including focus on product development and enhancements, engagement in merger and acquisition and channel partnership opportunities.
“The timing of this important appointment could not be better,” said Levitt. “The healthcare industry is facing tremendous change, and along with that change are some significant challenges. Precyse is dedicated to continually evolving in order to help our clients meet those challenges head on. The evolution in our new corporate identity and our new technological solution, precyseCode, both reflect the innovation with which we are approaching the management of healthcare information. It is fitting that we appoint someone who has the skills and experience to guide us through this crucial time in our history, Chris Powell is the ideal choice. He brings extensive general management and healthcare IT experience to this role, and also the leadership and management skills required for a cross-functional team such as ours. Throughout his career, he has consistently excelled, meeting or exceeding both professional and company goals. I am very pleased that Chris will be joining us at such an exciting time.”
Prior to joining Precyse, Mr. Powell served as Vice President and General Manager of GE Healthcare Americas Commercial Healthcare IT business including the US, Canada, Central and South America, where he was responsible for the operation and execution of the firm’s commercial business plan, resulting in generating over $1 billion in revenue. He also managed a complex organizational matrix where he was focused on driving a connected employee culture using a multidimensional and innovative communication strategy. Prior to GE, Mr. Powell worked at IDX Systems Corporation, which was then acquired by GE Healthcare in 2006. During his 14-year tenure with IDX, he held a variety of roles, including Senior Vice President of Sales and Marketing, Vice President of Sales and Director of Sales. Prior to IDX, he started his career as a Sales Representative at IBM Corporation, where he worked for five years and was responsible for generating new business for its healthcare division. He also was a member of IBM’s 100% Club and Commanders Club. Mr. Powell and his family will relocate from Vermont to Georgia, and he will work out of the Precyse office in Alpharetta.